Support Board
Date/Time: Fri, 27 Dec 2024 00:21:44 +0000
Project Bollinger Band into future
View Count: 1358
| [2016-04-08 00:35:21] |
| User71961 - Posts: 144 |
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i'd like to be able to project a bollinger band study into the future, by some # of bars (say, 1 or 2). For example, assuming the historical data does not change...the question becomes, what "data" should be used to calculate the projected values (since both the moving average center line, and the standard deviation values both require the full data set). So, assuming the default of 10 bars, and 2 standard deviations...how would the future projected bands be calculated? 1) user specifies how many bars into the future the bollinger bands should be projected (i'm thinking about 1 or 2 bars makes sense) 2) for each of the forward bars, should the calculation just use fewer data points (essentially deleting the older data, one bar at a time), or should the last value be projected into the future (this would pretend that the future bars OHLC would be identical to the last bar, creating a "what if the market just chops sideways" scenario) I can make the case for both options from #2, so i'd suggest just giving the user the option. Can this be done now, or does this require a feature request / code change? |
| [2016-04-08 10:55:06] |
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This is already supported through the Displacement setting on the Subgraphs tab of the Study Settings window for the study: https://www.sierrachart.com/index.php?page=doc/doc_ChartStudies.html#Displacement Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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